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1251 S Brook St

Louisville, KY 40203
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Bed --

Bed

Bath 0

Bath

SqFt24,952

Sqft

SqFt29,459

Sqft(Lot)

Located in the heart of historic Old Louisville, this architecturally distinctive asset offers a rare opportunity to acquire an investment in one of the city's most character-rich submarkets. The asset offers both stable in-place income and future upside potential. The asset underwent a comprehensive renovation in 2014, and significant capital improvements include a majority roof replacement completed in 2025. The property features a state-of-the-art access control system, enhancing resident security while preserving the private courtyard setting. Landlord is in the process of transitioning to a tenant-paid utility structure, which will enhance operational efficiency and minimize landlord overhead. Unit interiors are thoughtfully equipped with modern conveniences, including dishwashers an d washer/dryer hookups, aligning with renter expectations in today's market. With renovations completed recently, this offering represents a rare scale opportunity in Old Louisville—an area typically characterized by smaller, fragmented assets—making it especially attractive for investors seeking operational efficiencies and long-term growth potential. *This property is subject to a LIHTC program and has an assumable and forgivable HOME loan covering three units that must be assumed. More information is available upon request.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,790,000

AD Id : 76950287

MLS Id : 1713850

Lot Size : 29,459 Sqft

Living Area Size : 24,952

Year Built : 1930

County : Jefferson

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Feature Features

  • Room Information

    Has Basement: Yes
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Other

  • Building Information

    Year Built: 1930 Building Area Total: 24952 Construction Materials: Brick Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Main Square Feet: 29459 Square Feet Lot Size Acres: 0.68 Lot Size Square Feet: 29459

    Property Information

    Subdivision: NONE Source Property Type: Residential Income MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou Property SubType: Apartment Property Age: 96

  • Listing Price Information

    Listing Price: $2790000 Original Price: $2950000

  • Tax Information

    Parcel Number: 08032C00130000 Tax Lot: 0 Tax Block: 0

  • Utility Information

    Other
  • Location Information

    Direction: Oak Street to Brook Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
753 S Shelby St, Louisville, KY, 40203 $257,500 3 2 2,795 2,795 SqFt
1042 S Shelby St, Louisville, KY, 40203 $199,900 1 1 1,016 1,016 SqFt
931 S Clay St, Louisville, KY, 40203 $260,000 2 2 1,100 1,100 SqFt
721 Shelby Pkwy, Louisville, KY, 40203 $199,000 2 1 1,100 1,100 SqFt
722 Camp St, Louisville, KY, 40203 $250,000 2 1 1,234 1,234 SqFt
718 Camp St, Louisville, KY, 40203 $335,000 4 4 2,323 2,323 SqFt
701 Baroness Ave, Louisville, KY, 40203 $307,500 3 2 1,679 1,679 SqFt
704 E Oak St, Louisville, KY, 40203 $349,000 -- -- 3,517 3,517 SqFt
641 E Saint Catherine St, Louisville, KY, 40203 $349,900 3 2 1,653 1,653 SqFt
611 Finzer St, Louisville, KY, 40203 $245,000 2 1 1,387 1,387 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by IDX Brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Metro Search, Inc. All Rights Reserved.

ByOwner last updated this listing 06/16/2026 @ 02:31

MLS: 1713850 LISTED BY: Jenny Johnston, Colliers 502-365-3840 SOURCE: Greater Louisville Association of REALTORS

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